TechFlow reports, on February 26, Berachain announced the official launch of the first phase of governance, during which teams within the ecosystem can now submit Reward Fund Reserve (RFRV) applications for BEX or non-BEX/general smart contract pools.
Applications must follow the official guidelines, and teams are encouraged to post their proposals on the community forum to gather community feedback.
Approved RFRVs will receive liquidity support in BGT, marking the full implementation of the Proof of Liquidity (PoL) mechanism.
For more details, stay tuned to the Berapalooza event.
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